Which of the following types of payments are usually received by an exporter as an ongoing payment calculated as a percentage of the license holder's sales?
A) flat fees
B) royalties
C) agent fees
D) direct investments

Question

Quizplus · Accepted Answer

Royalties are payments made to the owner of a product or process for the right to use that product or process. This type of payment is usually calculated as a percentage of the licensee's sales and is an ongoing payment for as long as the license agreement is in place. Flat fees are one-time payments made for the use of a product or process. Agent fees are payments made to an agent or intermediary for facilitating a transaction. Direct investments refer to investments made by a company in another company or project.

Which of the Following Types of Payments Are Usually Received